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Dúo Maripositas De Magdalena Group
In this Group: Marta Julia , Felipa
Marta Julia is a member of the "Dúo Maripositas de Magdalena" (Little Butterflies of Magdalena") group. She is 48, and has a 17-year-old son who is currently in high school.

Marta is requesting the loan to invest in her store that sells women's, men's and children's clothing, toys, kitchenware, and shoes of all styles.

She tells us that she named it "Miscelánea Martita." Marta Julia started her business five years ago, as her husband passed away and she had to see what she could do in order to raise her son.

Her greatest wish is to see her son graduate and go on to university. She is applying for this loan in order to buy more in the way of footwear, clothing, toys and other merchandise, and to be able to expand her business.
View original language description ↓
Dúo maripositas de magdalena
Este dúo está conformado por doña Marta Julia , ella tiene 48 años de edad y un hijo que tiene 17 años quien estudia su diversificado actualmente, doña marta está solicitando el crédito para invertir en su tienda de ropa para dama, caballeros y niños , juguetes, ollas de cocina, y zapatos de todos los estilos, ella nos dice que le puso por nombre Miscelánea Martita hace cinco años comenzó su negocio ya que su esposo falleció y ella tuvo que ver que hacía para sacar a su hijo adelante su anhelo es ver que su hijo se gradué y continúe su universidad, está solicitando este crédito para la compra de más en Calzado, Ropa, juguetes y más, mercadería y poder agrandar más su negocio.

Additional Information

About FAPE

FAPE, the Foundation for the Assistance of Small Businesses, is a nonprofit, socially-minded institution that provides loans to micro-entrepreneurs across Guatemala.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Guatemala

  • $5,300
    Average annual income
  • 76
    View loans »
    Guatemala Loans Fundraising
  • $9,917,275
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Maripositas De Magdalena Group's $650 loan helped a member to buy more footwear, clothing, toys and other goods.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2012
Listed
Aug 5, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013